It is better that a man should tyrannize over his bank balance than over his fellow-citizens.
John Maynard KeynesInvestment based on genuine long-term expectations is so difficult today as to be scarcely practicable.
John Maynard KeynesThe key to selecting the winner isn't choosing the face you think is the most beautiful but rather the face other people will pick
John Maynard KeynesI do not mean to impugn the social justice and social expediency of the redistribution of incomes aimed at by N.I.R.A. and by the various schemes for agricultural restriction. The latter, in particular, I should strongly support in principle. But too much emphasis on the remedial value of a higher price-level as an object in itself may lead to serious misapprehension as to the part which prices can play in the technique of recovery. The stimulation of output by increasing aggregate purchasing power is the right way to get prices up; and not the other way round.
John Maynard Keynes